The Spirit
- Completed 2012
- 386 units
- 19 floors
A studio in The Spirit costs a median AED 550,000, rents long-let for AED 42,000/yr (7.6% gross), and returns 14.5% short-term at the assumed 70% occupancy.
Studio · typical price
550,000AED
AED 1,035/sqft · -25.7% on a year
- Rent a year
- AED 42,000
- Gross yield
- 7.6%
- vs Dubai Sports City
- 4% below the median
Cost to buy, all inAED 587,750
- Price
- AED 550,000
- DLD fee 4%
- AED 22,000
- Agent 2% + VAT
- AED 11,550
- Trustee
- AED 4,200
Fees repaid by rent11 months
Is The Spirit a good investment?Easy to let; rents and prices are slipping
- Does it pay a good rent?7.6% gross, before the service charge (not on file) (Dubai median 6.8%)7.6%Fair
- Is it easy to let?69% of units signed a yearly lease in 12 months; the typical Dubai Sports City building manages 47%69%Strength
Dubai Sports City median 47% · top tenth from 71%The Spirit · 69% Across 49 Dubai Sports City buildings with 40 or more units, the median signed annual leases on 47% of units in 12 months and the top tenth on 71% or more; The Spirit is at 69%.
- Are rents going up?New studio leases: AED 43,500 a year ago, AED 42,000 now-3.5%Watch
- Are prices going up?Studio: AED 1,394/sqft a year ago, 1,035 now-25.7%Watch
- How fast do fees pay back?AED 37,750 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?20 sales in 12 months, 5% of the tower (30 the year before)20Fair
- Is a lot being built nearby?2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today. A further 2,869 are past their planned date. Dubai Sports City supply by year →30%Fair
- Did earlier buyers gain?Buyers 5 years ago still 28% down, before fees-28.0%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
The Spirit prices and rents by unit typeA studio costs about AED 550,000 and rents for about AED 42,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubai Sports City · area median AED 1,082/sqft
- 12-month change
- -25.7%
- 3 years
- +10.5% · +3.4%/yr
- 5 years
- -37.6% · -9.0%/yr
- vs area median
- -4.3%
- Rank by price per sqft
- 29th of 52
- Off-plan price gain, 2011–2014
- -60.8% · -6.7%/yr
Rental income
Studio · Dubai Sports City
- Gross yield
- 7.6%
- Median new rent
- AED 42,000/yr
- Yield vs area median
- -1.0 pts
- Yield vs Dubai (6.8%)
- +0.9 pts
- Yield rank
- 34th of 37
- Renewal rent
- AED 39,690/yr
- New tenants pay vs sitting (129 renewals)
- +5.8%
Short-term income
Studio · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 411
- Net revenue
- AED 79,715/yr
- vs long-let rent
- 1.9×
- Listings seen
- 8+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, Studio: Feb 2011, AED 1,047,129; latest, Oct 2026, AED 515,500; peak, Oct 2014, AED 1,382,217. Rent on new leases: Feb 2013, AED 34,000 a year; latest, Oct 2026, AED 39,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,035 · before fees
- 5 years ago
- 1,438
- −28%
- 25 sales
- 3 years ago
- 840
- +23%
- 26 sales
- Previous 12 months
- 1,367
- −24%
- 30 sales
- Last 12 months
- 1,035
- today
- 20 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
20 resales in the last 12 months, against 24 a year on average over 2023–2025.
20 resales in the last 12 months.
Short-term rates around The Spirit
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Sports City
Every Dubai Sports City building with a page, ranked by price per sqft over the same 12 months, all unit types. The Spirit places 29th of 77; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Spirit (AED 1,035/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, The Spirit has registered sale prices 4% below the Dubai Sports City median price per square foot of 1,082 AED, across 52 eligible buildings. It ranks 29th of 52 by price per square foot and 34th of 37 by gross yield in Dubai Sports City.
Market context in Dubai Sports City
Registered sales activity
1,150 ready apartment sales in the 12 months to 2026-10-12.
+10.0% in median AED/sqft versus the preceding year, supported by 1,150 current and 1,496 prior price observations.
Explore sales activityPlanned apartment projects
415 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
6 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,542 apartments are planned in Dubai Sports City from 2026 to 2028, equal to 30% of the 8,361 homes let there today.
Ready prices per sqft fell in 26% of 73 buildings (counted once per bedroom type) in Dubai Sports City with sales in both years; the typical one moved +2.5%.
The pooled median moved +10.0%: 7.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 49% of 75 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About The Spirit
The Spirit is an apartment building completed in 2012 in Dubai Sports City with 386 registered units. 365 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 19
Drive times · typical
- Downtown
- 24 min · 24 km
- DXB Airport
- 26 min · 32 km
- DIFC
- 22 min · 27 km
- Dubai Marina
- 18 min · 16 km
- Palm Jumeirah
- 24 min · 20 km
Nearest, as registered
- Metro
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
The Spirit: AED 1,035 per sq ft, 6% above the median Dubai Sports City building, and a 7.8% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The SpiritAED 1,035
- Dubai Sports City, readyAED 946
- Dubai Sports City, off-planAED 1,464
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The SpiritDubai Sports City median building
- Dubai Sports City7.8% vs 8.3%
Nearby in Dubai Sports City
Prices per sq ft around The Spirit, on the mapPrices per sq ft around The Spirit, on the map
Hera Tower
Dubai Sports City · 111 sales, 12 months
642,000
AED, resale median · 976/sqft
Condor Golf Links 18
Dubai Sports City · 78 sales, 12 months
882,350
AED, resale median · 1,876/sqft
Amal Tower
Dubai Sports City · 64 sales, 12 months
563,806
AED, resale median · 1,004/sqft
Giovanni Boutique Suites
Dubai Sports City · 45 sales, 12 months
530,000
AED, resale median · 1,206/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Spirit’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 2,446AED
- 4.5% over 25 years
- Monthly rent
- 3,500AED
- AED 42,000 a year
- Cash needed at purchase
- 156,250AED
- 20% down plus AED 46,250 in fees
Owning costs AED 158,271 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in The Spirit?
- The Spirit returns 7.6% gross: a median new-contract rent of AED 42,000 a year (93 Ejari contracts in 12 months) over a price benchmark of AED 550,000 (median of 16 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a studio in The Spirit cost?
- The median registered sale price is AED 550,000 (1,035 AED/sqft), from 16 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The Spirit selling for right now?
- Registered sales of ready units in The Spirit over the last 12 months have a median of 1,035 AED/sqft, across 16 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The Spirit risen or fallen?
- Median price per square foot moved -25.7% over the last 12 months against the 12 before it, on 16 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does The Spirit compare with Dubai Sports City?
- Its 7.6% gross yield sits -1.0 pts against the Dubai Sports City median of 8.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
Send this page to a client as a branded report
The Spirit sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 16 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-sports-city/the-spirit
Cite as: Dubai Wealth Index. “The Spirit sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/the-spirit
Stable dataJSON